Chad Terhune

Writer

Chad Terhune covers the business of healthcare and the biggest expansion of health insurance in half a century as part of the federal Affordable Care Act. The Columbia Journalism Review has praised his coverage of the health law for its clarity and in-depth reporting. Prior to joining the Los Angeles Times in early 2012, he was an award-winning reporter for the Wall Street Journal and Businessweek. Chad spent more than a decade at the Journal and his series of front-page stories on health insurance won a National Press Club award in 2003. At Businessweek, his stories on health reform and subprime mortgages earned recognition from the New York Press Club and Investigative Reporters and Editors. He graduated from the University of Florida.

Nonprofit insurer Blue Shield of California, already under scrutiny for its huge cash reserves and lack of disclosure, is refusing to say how much it's spending to acquire a Monterey Park insurance company and is seeking confidentiality from state regulators.

Health insurance giant Blue Shield of California and state tax authorities both came under fire for not disclosing seven months ago a landmark decision taking away the insurer's tax-exempt status, which had been in place since 1939.